Nasdaq and Citi are partnering to utilize blockchain technology to expand and improve cross-border and private company securities payments. Source: Nasdaq, Citi using blockchain for securities payments | American Banker

A dozen years after it pioneered the technology, the company now says any bank or credit union using RDC is infringing on its innovation. Source: USAA wants banks to pay it for remote deposit capture | American Banker Isn’t this the same way drug dealers get their clients hooked?

The creators of a top “altcoin” are building privacy features for JPMorgan’s blockchain platform. Source: Worlds collide: JPM works with team behind anonymous crypto Zcash | American Banker This is a well written and well-cited article. If you study the article and make use of all the hyperlinks, you will have learned a lot.

The nation’s largest pension plan has 380 people overseeing $320 billion in assets. But when one of its top officials was asked during a board meeting how much in performance fees was paid to private-equity managers, he had to acknowledge no one knew. Source: Only Robots Can Tally What the Largest U.S. Pension Fund Pays…

In so doing, the $2 trillion-asset bank is adapting to a truth more banks are acknowledging: that customers are no longer coming directly to their branches, apps, websites or call centers. Instead, consumers are increasingly interacting with bank products in other places like Apple Pay, Facebook Messenger or Amazon Alexa. The internet of things promises…